Income Statement

Basic description

An income statement or profit and loss account is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period.

Uses

The Income Statement Comparisons report provides a complete breakdown of the income statement with a variance analysis between the different quarter end dates.
This applies to all Credit Unions.

The Trends report displays a full income statement over a longer period of several years. This report helps to identify underlying historical trends.

A full income statement with comparisons for:
• This Quarter Compared to the same Quarter last year
• Variance analysis between the last 3 quarters
• 3 Year Annual Trend Line – summary of each quarter

Options
You can select:-

•  Quarter end Date
•  State
•  Credit Union
•  Comparison
      - Quarterly Comparison
      - 3 Year Trend